. Energy News .




.
TRADE WARS
Foreign investment in China falls in February
by Staff Writers
Beijing (AFP) March 15, 2012


Foreign direct investment in China fell in February for the fourth straight month as key Western economies continue to struggle, official figures showed Thursday.

Investment from overseas companies fell 0.9 percent in February from a year earlier to $7.73 billion, the commerce ministry said, compared with $10 billion in January.

In the first two months of the year, inward investment fell 0.56 percent year-on-year to $17.72 billion.

Investment from the European Union, which is grappling with a sovereign debt crisis, fell 33.32 percent on year to $906 million in the first two months, although US firms invested $525 million in the same period, up 0.87 percent.

Europe and the United States are key trade partners of China and weakness in their economies has been hurting the Asian powerhouse, which relies heavily on exports and investment to drive its economy.

China swung to a huge trade deficit of $31.48 billion in February as the West's economic troubles hurt demand for Chinese-made products.

But commerce ministry spokesman Shen Danyang said on Thursday that exports were typically weaker in the first few months of the year and China would return to a surplus soon.

"Our judgement is that the trade deficit is unlikely to continue," Shen said.

Related Links
Global Trade News




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries






.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



TRADE WARS
Hong Kong's school place shortage deters expats
Hong Kong (AFP) March 15, 2012
A shortage of English-language school places in Hong Kong is hurting expatriate families and damaging the city's reputation as a regional business hub, parents and lobby groups say. The situation is driving some companies to look at alternatives such as Singapore, Bangkok and Shanghai, they say. International chambers of commerce have united to pressure the semi-autonomous Chinese's terr ... read more


TRADE WARS
Renewable Energy Investments Result in Nevada Jobs and Business Expansion

Iran to build power plant in Syria

Saving power, saving money

ORNL-led team advances science of carbon accounting

TRADE WARS
Japan indicts Chinese trawlerman at centre of spat

Visiongain Reveals the Top Twenty Companies in the Evolving $39bn Shale Gas Market

Global Oil and Gas Pipelines Market Expected to Total $60.29bn in 2012

Islamists threaten Somalia's new oil zone

TRADE WARS
Project Financing of Second Largest Wind Park in Italy Completed

US wind generation increases by 27 percent

S.Africa unveils wind atlas in renewable energy push

Masdar of Abu Dhabi procures two ZephIR 300 wind lidars

TRADE WARS
Intersolar Europe 2012 Spotlights Large-Scale Photovoltaics

NextEra Energy Resources Completes Acquisition of Ontario Solar Projects from First Solar

KYOCERA Supplies Solar Modules for England's First "Zero Carbon Church"

SANYO Solar is to Present Their New Look as Panasonic Solar at Ecobuild

TRADE WARS
Poland to seek bids for first nuclear plant

Nuclear power crucial to China

Power cut at reactor in S. Korea stirs criticism

Kolkata protest against PM comment on Kudankulam project

TRADE WARS
U.S. Navy OKs test with algal fuel blend

Advanced Biofuels Industry Leaders Urge US Congressional Leaders to Extend Critical Tax Provisions

The Future of Ethanol - Brazilian and US Perspectives

For Lower Gasoline Prices, We Need E100 Engines, Not the Keystone XL Pipeline

TRADE WARS
Shenzhou-9 may take female astronaut to space

China to launch 100 satellites during 2011-15

Three for Tiangong

China hopes to send Long March-5 rocket into space in 2014

TRADE WARS
Australia unworried by tycoon's legal threats

Berkeley Lab Quantifies Effect of Soot on Snow and Ice

Australia to become hotter, drier: climate report

Seychelles' idyllic habitat at risk from climate change


Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement